Yields probably need to stay subdued for equities' sake. Staying below this level is a good start.$TNX pic.twitter.com/geS8vvK2xL — David Rath, CMT, CFA (@DJwrath) January 16, 2024 🏆 Today’s Chart of the Day was shared by David Rath (@DJwrath). The US 10-Year Yield ($TNX) closed at a one-month high today, and it’s testing a potential […]
Chart of the Day – Friday, January 12, 2024
Massive jump in volume this week on the Uranium ETF. That ain't Aunt Betty buying. pic.twitter.com/cQv5FxqDyq — Theodore Hicks II, CFP, CKA, CMT (@t2hicks) January 12, 2024 🏆 Today’s Chart of the Day was shared by Theodore Hicks (@t2hicks). The Global X Uranium ETF ($URA) jumped +7.11% today, closing at its highest level in nearly a […]
Chart of the Day – Thursday, January 11, 2024
🏆 Today’s Chart of the Day was shared by Todd Sohn (@Todd_Sohn). The Equal-Weight S&P 500 ETF ($RSP) has seen heavy inflows over the past year despite underperforming Cap-Weight ($SPY) by a wide margin. Equal-Weight ($RSP) is lagging Cap-Weight ($SPY) by -12% over the trailing 12 months – the bottom 5% of historical readings. Todd […]
Chart of the Day – Tuesday, January 9, 2024
Biotech: two years of basing, absorbing overhead supply, threatening to break resistance, price above the anchored VWAP from all-time highs, new 52-week highs. $IBB pic.twitter.com/zhB8YL09Fi — Alfonso Depablos (@AlfCharts) January 9, 2024 🏆 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The iShares Biotech ETF ($IBB) broke out to its highest level […]
Chart of the Day – Monday, January 8, 2024
it's too damn funny $NVDA pic.twitter.com/ErgQcJ11Yt — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) January 8, 2024 🏆 Today’s CoTD was shared by Arun Chopra (@FustionptCapital). Nvidia ($NVDA) had its best day since August today, rising +6.43% to a record high. Despite being the best-performing stock in the S&P 500 last year, $NVDA has made little progress […]
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